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Bluejay Mining ( (GB:80M) ) has shared an announcement.
80 Mile Plc announced a Memorandum of Understanding between its subsidiary Greenswitch Srl and NACATA Commodities for a five-year supply and offtake agreement at the Ferrandina plant in Italy. This agreement will secure up to 120,000 metric tonnes of feedstock annually and distribute 40,000tpa of esterified bioliquid and 80,000tpa of biodiesel, aligning with Greenswitch’s sustainability certifications. The Ferrandina plant’s capabilities in refining secondary feedstocks position it as a leader in Europe’s renewable fuel infrastructure, enhancing Greenswitch’s supply chain and reinforcing its role in European biofuel production.
More about Bluejay Mining
80 Mile Plc is an exploration and development company listed on the London AIM market, Frankfurt Stock Exchange, and the U.S. OTC Market. The company focuses on high-grade critical metals in Tier 1 jurisdictions, with projects in Greenland and a developing industrial gas and biofuels business in Italy. 80 Mile’s strategy includes portfolio diversification through base metals, precious metals, industrial gas, and sustainable fuels, with a focus on advancing key projects and strategic acquisitions.
Average Trading Volume: 20,652,627
Technical Sentiment Signal: Strong Sell
Current Market Cap: £9.84M
See more insights into 80M stock on TipRanks’ Stock Analysis page.